Bullboard - Stock Discussion Forum Sona Nanotech Inc C.SONA

Alternate Symbol(s): SNANF

Technology Scientific & Technical Instruments

Sona Nanotech Inc. is a nanotechnology life sciences company, which is engaged in developing targeted hyperthermia therapy. The Company has developed multiple methods for the manufacturing of various types of gold nanoparticles (GNR). It is engaged in research and development of its technology for use in multiplex diagnostic testing platforms and advanced biomedical applications. Its gold... see more

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Sona Nanotech Inc > FDA

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Post by AUSTIN48 on Oct 26, 2020 1:01pm

FDA

Has anyone on here checked the FDA site and checked the status?
Seems to me we are stuck with no updates from the company and longer than anticipated wait for approval.
Thinking out loud but i wonder if it is because the test is so unique compared to others.
Point of Care and self administered.
Nobody moves nobody gets hurt!
Longs will be rewarded but we are approaching 2 months since submission and the final numbers were acceptable with the appropriate protocol followed.

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Comment by dart321 on Oct 26, 2020 1:13pm

When a true investor invests he/she does their research first then decides weather to invest or not. If he/she invests they set goals that they think the company must meet going forward. If those goals are met then one keeps invested. An investor seldom looks at the share price or sets an exit price until those goals are met in the time frame expected. A trader or a flipper is always looking for ...more

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Comment by AUSTIN48 on Oct 26, 2020 1:44pm

Thank you for the mini investor seminar.....my question remains why crickets from the company? I am fully aware of the risk involved,however,one would have thought with the data that has been provided to the respective governments there would be a quicker turn around time on the approval. 60 days seems concerning.

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Comment by dart321 on Oct 26, 2020 1:52pm

typical EUA's take upwards of 180 days but recently because of this virus some have been approved sooner. That's the issue. Will this company get approval sooner? I think so but to each their own.

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Comment by dart321 on Oct 26, 2020 1:58pm

I think we are far enough along in the process the approval will happen at any time of the day. It will come out of the blue with no warning. One minute we are trading the next it happens.

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Comment by Moemoney42 on Oct 26, 2020 2:09pm

WOW... what insight...! Kind of like saying the sun will go down today and come back up again tomorrow... eh swami..! Goof..!

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Comment by Moemoney42 on Oct 26, 2020 2:10pm

Please.. please tell us more oh wise one.. LOL..!

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Comment by JohnFriesen on Nov 25, 2020 4:55pm

This post has been removed in accordance with Community Policy

Comment by luvhorses on Nov 25, 2020 5:01pm

John, this is a classic example of funken getting suckered by SONA croonies....DART called SONA and SONA told him exactly what he/you posted just now. Well....any minute, the world turned upside down on him...instead of thinking that SONA was going to $13 from $3...it's now heading back to .77 from $3 :( NEXT.....c.AGN will be the next fo fall :(

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